144 Crab Apple Avenue
About This Property
Nestled in the highly desirable Rolling Ridge subdivision, just south of I-10, this immaculate 4-bedroom, 2-bathroom home offers spacious living and modern upgrades. Featuring a split floor plan with soaring high ceilings and an open-concept layout, the home is perfect for both entertaining and everyday living. The beautifully upgraded kitchen boasts a breakfast nook, ample cabinet and counter space, and a huge pantry. The central living area features a vaulted ceiling, while the formal dining room is enhanced with crown molding and elegant arched entryways. The primary suite is a true retreat, featuring a trey ceiling and a luxurious master bath with a soaking tub, separate walk-in shower, and a large walk-in closet. Throughout the home, you'll find tile floors for easy maintenance. Additional highlights include a 2-car garage with an epoxy floor, a well-manicured lot, and a screened-in patio with a deckideal for enjoying outdoor living.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017